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China Release White Paper on CBDC: $5.4B Settled, Smart Contracts Enabled

China Release White Paper on CBDC: $5.4B Settled, Smart Contracts Enabled

China’s central bank's CBDC, Digital Yuan is moving fast towards its deployment. For the first time since the project was launched over 7 years ago in all quietness, the People’s Bank of China (PBoC) released a Whitepaper with the digital Yuan or e-CNY’s most important progress.
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